Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Sep 30, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 179.1M | 140.4M | 76.6M | 17.1M |
| Operating Revenue | 179.1M | 140.4M | 76.6M | 17.1M |
| Cost Of Revenue | 111.8M | 84.9M | 40.5M | 6.2M |
| Gross Profit | 67.3M | 55.5M | 36.1M | 10.8M |
| Selling General And Administration | 38.6M | 33.6M | 21.9M | 6.4M |
| General And Administrative Expense | 20.6M | 14.9M | 9.3M | 4.2M |
| Research And Development | 7.7M | 6.7M | 5.2M | 3.7M |
| Depreciation And Amortization In Income Statement | 17.2M | 12.9M | 8.8M | 1.9M |
| Operating Expense | 63.5M | 53.3M | 35.9M | 12.0M |
| Operating Income | 3.8M | 2.3M | 246,000 | -1.1M |
| EBIT | -9.9M | -45.2M | -3.4M | 2.5M |
| Interest Expense | 12.8M | 8.9M | 2.9M | 783,332 |
| Interest Expense Non Operating | 12.8M | 8.9M | 2.9M | 783,332 |
| Net Interest Income | -12.8M | -8.9M | -2.9M | -783,332 |
| Other Income Expense | -13.7M | -47.4M | -3.7M | 3.6M |
| Other Non Operating Income Expenses | -1.4M | -- | 416,000 | 3.6M |
| Special Income Charges | -11.9M | -46.9M | -4.2M | 0.00 |
| Restructuring And Mergern Acquisition | 787,000 | 1.1M | 3.0M | 0.00 |
| Gain On Sale Of Security | -348,000 | -507,000 | 64,000 | -- |
| Pretax Income | -22.7M | -54.1M | -6.4M | 1.7M |
| Tax Provision | -372,000 | 213,000 | -471,000 | 90,961 |
| Tax Effect Of Unusual Items | -201,273 | -19.0M | -304,194 | 0.00 |
| Net Income From Continuing And Discontinued Operation | -22.3M | -54.3M | -5.9M | 1.6M |
| Net Income From Continuing Operation Net Minority Interest | -22.3M | -54.3M | -5.9M | 1.6M |
| Net Income Including Noncontrolling Interests | -22.3M | -54.3M | -5.9M | 1.6M |
| Net Income Common Stockholders | -22.3M | -54.3M | -5.9M | 1.6M |
| Net Income | -22.3M | -54.3M | -5.9M | 1.6M |
| EBITDA | 7.3M | -32.3M | 5.4M | 4.4M |
| Normalized EBITDA | 19.5M | 15.2M | 9.5M | 4.4M |
| Reconciled Depreciation | 17.2M | 12.9M | 8.8M | 1.9M |
| Basic EPS | -0.09 | -0.22 | -0.03 | 0.02 |
| Diluted EPS | -0.09 | -0.22 | -0.03 | 0.02 |
| Basic Average Shares | 290.3M | 280.8M | 182.5M | 73.1M |
| Diluted Average Shares | 290.3M | 280.8M | 182.5M | 77.1M |
| Total Unusual Items | -12.3M | -47.4M | -4.1M | 0.00 |
| Total Unusual Items Excluding Goodwill | -12.3M | -47.4M | -4.1M | 0.00 |
| Tax Rate For Calcs | 0.02 | 0.40 | 0.07 | 0.05 |
| Normalized Income | -10.3M | -25.9M | -2.1M | 1.6M |
| Amortization | -- | -- | -- | 1.9M |
| Amortization Of Intangibles Income Statement | -- | -- | -- | 1.9M |
| Depreciation Amortization Depletion Income Statement | 17.2M | 12.9M | 8.8M | 1.9M |
| Diluted NI Availto Com Stockholders | -22.3M | -54.3M | -5.9M | 1.6M |
| Gain On Sale Of Business | 2.9M | 0.00 | -- | -- |
| Gain On Sale Of Ppe | -- | -- | 1,000 | -- |
| Impairment Of Capital Assets | 14.1M | 41.3M | -- | -- |
| Net Income Continuous Operations | -22.3M | -54.3M | -5.9M | 1.6M |
| Net Non Operating Interest Income Expense | -12.8M | -8.9M | -2.9M | -783,332 |
| Other Gand A | 20.6M | 14.9M | 9.3M | 4.2M |
| Other Special Charges | -16,000 | 4.6M | 1.2M | -- |
| Reconciled Cost Of Revenue | 111.8M | 84.9M | 40.5M | 6.2M |
| Selling And Marketing Expense | 18.0M | 18.7M | 12.6M | 2.2M |
| Total Expenses | 175.3M | 138.1M | 76.4M | 18.2M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Sep 30, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 14.6M | 7.4M | 8.9M | 11.0M |
| Cash Cash Equivalents And Short Term Investments | 14.6M | 7.4M | 8.9M | 11.1M |
| Cash Financial | 14.6M | 7.4M | 8.9M | -- |
| Other Short Term Investments | -- | -- | -- | 57,747 |
| Accounts Receivable | 38.8M | 29.0M | 15.7M | 1.2M |
| Receivables | 38.8M | 29.0M | 15.7M | 1.7M |
| Prepaid Assets | 1.1M | 1.2M | 675,000 | 389,257 |
| Other Current Assets | 1.2M | 1.4M | 537,000 | -- |
| Current Assets | 55.9M | 48.0M | 25.7M | 13.2M |
| Gross PPE | 740,000 | 818,000 | 693,000 | 1.2M |
| Accumulated Depreciation | -- | -309,000 | -85,000 | -450,241 |
| Net PPE | 740,000 | 818,000 | 608,000 | 744,328 |
| Goodwill | 51.3M | 25.6M | 55.1M | 2.6M |
| Goodwill And Other Intangible Assets | 142.9M | 86.9M | 122.9M | 12.0M |
| Other Intangible Assets | 91.7M | 61.3M | 67.8M | 9.4M |
| Investments And Advances | -- | -- | -- | 42,844 |
| Other Investments | -- | -- | -- | 42,844 |
| Other Non Current Assets | 979,000 | 1.8M | 873,000 | -- |
| Total Non Current Assets | 150.3M | 91.5M | 124.6M | 13.7M |
| Total Assets | 206.2M | 139.5M | 150.3M | 26.9M |
| Current Debt | 21.3M | 11.1M | 8.1M | 1.2M |
| Current Debt And Capital Lease Obligation | 21.6M | 11.7M | 8.5M | 1.7M |
| Accounts Payable | 43.5M | 25.0M | 9.4M | 1.4M |
| Payables | 43.9M | 29.9M | 10.2M | 1.4M |
| Payables And Accrued Expenses | 55.4M | 39.1M | 17.2M | 1.4M |
| Current Accrued Expenses | 11.5M | 9.3M | 7.0M | -- |
| Current Deferred Revenue | 388,000 | 2.9M | 2.5M | 2.6M |
| Other Current Liabilities | 2.4M | 1.7M | 1.3M | 1.1M |
| Current Liabilities | 79.7M | 55.4M | 29.5M | 6.7M |
| Long Term Debt | 109.8M | 81.9M | 39.1M | 3.7M |
| Long Term Debt And Capital Lease Obligation | 110.8M | 82.7M | 39.1M | 3.9M |
| Long Term Capital Lease Obligation | 1.0M | 724,000 | 74,000 | 156,402 |
| Other Non Current Liabilities | 31.7M | -- | 1.3M | -- |
| Total Non Current Liabilities Net Minority Interest | 146.7M | 83.2M | 43.9M | 5.7M |
| Total Liabilities Net Minority Interest | 226.4M | 138.6M | 73.4M | 12.5M |
| Common Stock | 86.2M | 83.8M | 74.9M | 24.7M |
| Capital Stock | 86.2M | 83.8M | 74.9M | 24.7M |
| Additional Paid In Capital | 4.2M | 3.8M | 7.8M | -- |
| Retained Earnings | -112.5M | -87.0M | -6.0M | -11.6M |
| Gains Losses Not Affecting Retained Earnings | 2,000 | 5,000 | 168,000 | -22,031 |
| Other Equity Adjustments | 2,000 | 5,000 | 168,000 | -22,031 |
| Common Stock Equity | -20.2M | 909,000 | 76.9M | 14.5M |
| Stockholders Equity | -20.2M | 909,000 | 76.9M | 14.5M |
| Total Equity Gross Minority Interest | -20.2M | 909,000 | 76.9M | 14.5M |
| Total Capitalization | 89.6M | 82.8M | 115.9M | 18.2M |
| Net Tangible Assets | -163.1M | -86.0M | -46.0M | 2.4M |
| Tangible Book Value | -163.1M | -86.0M | -46.0M | 2.4M |
| Working Capital | -23.8M | -7.4M | -3.7M | 6.4M |
| Invested Capital | 111.0M | 94.0M | 124.1M | 19.4M |
| Total Debt | 132.4M | 94.4M | 47.7M | 5.6M |
| Net Debt | 116.6M | 85.7M | 38.3M | -- |
| Share Issued | 323.5M | 284.7M | 275.3M | 73.5M |
| Ordinary Shares Number | 323.5M | 284.7M | 275.3M | 73.5M |
| Allowance For Doubtful Accounts Receivable | -928,000 | -1.2M | -350,000 | 0.00 |
| Assets Held For Sale Current | 215,000 | 9.1M | -- | -- |
| Buildings And Improvements | -- | -- | -- | 744,805 |
| Capital Lease Obligations | 1.2M | 1.3M | 477,000 | 693,332 |
| Current Capital Lease Obligation | 223,000 | 575,000 | 403,000 | 536,930 |
| Current Deferred Liabilities | 388,000 | 2.9M | 2.5M | 2.6M |
| Current Provisions | -- | -- | -- | 3,044 |
| Derivative Product Liabilities | 795,000 | 0.00 | -- | -- |
| Employee Benefits | -- | 0.00 | 326,000 | 384,864 |
| Gross Accounts Receivable | 39.8M | 30.2M | 16.0M | 1.2M |
| Income Tax Payable | -- | -- | -- | 28,455 |
| Leases | -- | -- | -- | 19,321 |
| Line Of Credit | -- | -- | 0.00 | -- |
| Long Term Provisions | -- | -- | -- | 1.3M |
| Machinery Furniture Equipment | -- | 607,000 | 43,000 | 1.2M |
| Non Current Accounts Receivable | -- | -- | -- | 591,375 |
| Non Current Deferred Assets | 5.6M | 2.0M | 93,000 | 351,515 |
| Non Current Deferred Liabilities | 3.4M | 555,000 | 3.2M | 119,438 |
| Non Current Deferred Revenue | 0.00 | 206,000 | 117,000 | 119,438 |
| Non Current Deferred Taxes Assets | 5.6M | 2.0M | 93,000 | 78,171 |
| Non Current Deferred Taxes Liabilities | 3.4M | 349,000 | 3.0M | -- |
| Non Current Prepaid Assets | -- | 20,000 | 72,000 | -- |
| Other Current Borrowings | 21.3M | 11.1M | 8.1M | 1.2M |
| Other Equity Interest | 1.9M | 318,000 | -- | 1.4M |
| Other Properties | 740,000 | 818,000 | 650,000 | -- |
| Other Receivables | -- | -- | -- | 105,908 |
| Properties | -- | -- | -- | 0.00 |
| Taxes Receivable | -- | -- | -- | 353,442 |
| Total Tax Payable | 427,000 | 4.9M | 828,000 | 28,455 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Sep 30, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 12.2M | 10.3M | 4.6M | 930,590 |
| Cash Flow From Continuing Operating Activities | 12.2M | 10.3M | 4.6M | 930,590 |
| Depreciation And Amortization | 17.2M | 12.9M | 8.8M | 1.9M |
| Depreciation Amortization Depletion | 17.2M | 12.9M | 8.8M | 1.9M |
| Stock Based Compensation | 639,000 | 1.4M | 484,000 | 200,417 |
| Deferred Tax | -3.7M | -3.5M | -1.5M | -22,083 |
| Deferred Income Tax | -3.7M | -3.5M | -1.5M | -22,083 |
| Change In Working Capital | -4.7M | -1.8M | -1.0M | 243,198 |
| Changes In Account Receivables | 16.8M | -1.4M | -289,000 | -187,080 |
| Change In Receivables | 16.8M | -1.4M | -289,000 | -423,263 |
| Change In Payables And Accrued Expense | -22.8M | 459,000 | -1.9M | 452,612 |
| Change In Payable | -22.8M | 459,000 | -- | 452,612 |
| Change In Other Working Capital | -2.7M | 48,000 | 774,000 | 256,441 |
| Change In Other Current Assets | 3.9M | -715,000 | 181,000 | -- |
| Other Non Cash Items | 12.9M | 13.5M | 3.8M | 523,743 |
| Capital Expenditure | -331,000 | -1.1M | -723,000 | -817,467 |
| Purchase Of PPE | -47,000 | -79,000 | -55,000 | -106,518 |
| Net PPE Purchase And Sale | -47,000 | -79,000 | -54,000 | -106,518 |
| Purchase Of Business | -21.9M | -20.4M | -5.9M | -5.3M |
| Sale Of Business | 7.5M | 0.00 | -- | -- |
| Investing Cash Flow | -14.7M | -21.5M | -6.6M | -6.1M |
| Cash Flow From Continuing Investing Activities | -14.7M | -21.5M | -6.6M | -6.1M |
| Issuance Of Debt | 49.0M | 87.8M | 58.3M | 0.00 |
| Repayment Of Debt | -32.4M | -67.2M | -44.9M | -1.5M |
| Net Issuance Payments Of Debt | 16.6M | 20.5M | 13.4M | -1.5M |
| Issuance Of Capital Stock | -- | -- | -- | 0.00 |
| Net Common Stock Issuance | -- | -- | -- | 0.00 |
| Financing Cash Flow | 9.0M | 12.8M | 8.8M | -1.9M |
| Cash Flow From Continuing Financing Activities | 9.0M | 12.8M | 8.8M | -1.9M |
| Effect Of Exchange Rate Changes | 45,000 | -46,000 | 63,000 | -8,128 |
| Changes In Cash | 7.1M | -353,000 | 6.7M | -7.1M |
| Beginning Cash Position | 7.4M | 7.8M | 2.0M | 18.1M |
| End Cash Position | 14.6M | 7.4M | 8.9M | 11.0M |
| Free Cash Flow | 11.9M | 9.2M | 3.9M | 113,123 |
| Income Tax Paid Supplemental Data | -- | -- | 548,000 | 127,650 |
| Amortization Cash Flow | -- | 534,000 | -- | 1.9M |
| Amortization Of Intangibles | -- | 534,000 | -- | 1.9M |
| Asset Impairment Charge | 13.2M | 42.1M | -- | -- |
| Cash Dividends Paid | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash Flow From Discontinued Operation | 580,000 | -1.9M | -- | -- |
| Change In Account Payable | -18.4M | -2.7M | -- | 467,219 |
| Change In Income Tax Payable | -4.4M | 3.2M | -- | -14,607 |
| Change In Prepaid Assets | 80,000 | -100,000 | 156,000 | -42,592 |
| Change In Tax Payable | -4.4M | 3.2M | -- | -14,607 |
| Common Stock Issuance | -- | -- | -- | 0.00 |
| Depreciation | -- | 12.4M | -- | -- |
| Gain Loss On Sale Of Business | -2.9M | 0.00 | -- | -- |
| Gain Loss On Sale Of PPE | -- | -- | -1,000 | -4,212 |
| Interest Paid Cff | -7.6M | -7.1M | -3.0M | -421,538 |
| Long Term Debt Issuance | 49.0M | 87.8M | 55.4M | 0.00 |
| Long Term Debt Payments | -32.4M | -67.2M | -40.7M | -1.5M |
| Net Business Purchase And Sale | -14.4M | -20.4M | -5.9M | -5.3M |
| Net Foreign Currency Exchange Gain Loss | 133,000 | -86,000 | 30,000 | 88.00 |
| Net Income From Continuing Operations | -22.3M | -54.3M | -5.9M | 1.6M |
| Net Intangibles Purchase And Sale | -284,000 | -1.0M | -668,000 | -710,949 |
| Net Long Term Debt Issuance | 16.6M | 20.5M | 14.7M | -1.5M |
| Net Other Financing Charges | -- | -592,000 | -1.7M | -100,000 |
| Net Other Investing Changes | -- | -- | 28,000 | 68,239 |
| Net Short Term Debt Issuance | -- | -- | -1.3M | -- |
| Operating Gains Losses | -2.7M | -86,000 | 29,000 | 77,735 |
| Pension And Employee Benefit Expense | -- | -- | -- | 81,859 |
| Proceeds From Stock Option Exercised | -- | -- | -- | 92,913 |
| Purchase Of Intangibles | -284,000 | -1.0M | -668,000 | -710,949 |
| Sale Of PPE | -- | -- | 1,000 | -- |
| Short Term Debt Issuance | -- | -- | 2.9M | -- |
| Short Term Debt Payments | -- | -- | -4.2M | -- |
| Unrealized Gain Loss On Investment Securities | 1.6M | 0.00 | -38,000 | -3.6M |